hypothesis-testing

Characterization-based approach for construction of goodness-of-fit test for Lévy distribution

Žikica Lukić and Bojana Milošević / 2023-12-25

The Lévy distribution, together with the Normal and Cauchy distribution, belongs to the class of stable distributions, and it is among the only three distributions for which the density can be derived in a closed form. The density function of the two-parameter Lévy distribution is expressed as…